American Thyroid Association Inc
- Assets
- $14.0m
- Revenue
- $3.3m
- Investments
- $0.0
- Employees
- 9
- Location
- Alexandria, VA
- Founding
- 12/1959
- Data as of
- 12/2023
- EIN
- 41-6038600
Organization Overview
American Thyroid Association Inc is located in Alexandria, VA. The organization was established in 1959. According to its NTEE Classification (G40) the organization is classified as: Diseases of Specific Organs, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2023, American Thyroid Association Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Thyroid Association Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, American Thyroid Association Inc generated $3.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $2.5m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.8%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, American Thyroid Association Inc has awarded 123 individual grants totaling $3,110,581. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE AMERICAN THYROID ASSOCIATION'S VISION IS OPTIMAL THYROID HEALTH FOR ALL. OUR MISSION IS TO TRANSFORM THYROID CARE THROUGH CLINICAL EXCELLENCE, EDUCATION, SCIENTIFIC DISCOVERY AND ADVOCACY IN A COLLABORATIVE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION FOSTERS CONTACT AND COLLABORATION AMONG MEMBERS, SUPPORTS THE EDUCATION OF TRAINEES, SCIENTISTS, PHYSICIANS AND OTHER HEALTHCARE PROFESSIONALS INVOLVED IN THE STUDY OF THYROID DISEASES, AND HOLDS MEETINGS TO FACILITATE THE DISSEMINATION OF NEW KNOWLEDGE IN THE FIELD OF THYROID PATHOPHYSIOLOGY.
THE ASSOCIATION FOSTERS AND SUPPORTS RESEARCH ON THYROID MOLECULAR AND CELL BIOLOGY, PHYSIOLOGY AND DISEASES.
THE ASSOCIATION MANAGES THE PUBLICATION OF "THYROID", THE OFFICIAL PUBLICATION OF THE ATA, FOR DISTRIBUTION TO ITS MEMBERS. THE ASSOCIATION ALSO PUBLISHES "SIGNAL AND "CLINICAL THYROIDOLOGY" FOR DISTRIBUTION TO ITS MEMBERS. THESE PUBLICATIONS KEEP MEMBERS INFORMED OF CHANGES IN THE FIELD OF THYROID PATHOPHYSIOLOGY.
THE ATA PROVIDES THE PUBLIC AND HEALTH PROFESSIONALS WITH INFORMATION AND EDUCATION. PATIENT BROCHURES IN ENGLISH AND SPANISH ARE AVAILABLE FROM WWW.THYROID.ORG. SUMMARIES OF THYROID RESEARCH FOR PATIENTS ARE DISTRIBUTED MONTHLY BY EMAIL AND POSTED ONLINE. THYROID GUIDELINES FOR PROFESSIONALS ARE UPDATED PERIODICALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Mcdermott President/president-Elect | OfficerTrustee | 1 | $0 |
Christopher Mccabe Secretary/secretary-Elect | OfficerTrustee | 2.5 | $8,750 |
Jacqueline Jonklaass Secretary/president-Elect | OfficerTrustee | 2.5 | $26,250 |
Anthony Hollenberg Treasurer | OfficerTrustee | 1.5 | $15,000 |
Julie Ann Sosa President/past President | OfficerTrustee | 1 | $0 |
Zubair Baloch Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bay Business Group Bookkeeping | 12/30/23 | $158,415 |
Mary Ann Liebert Inc Publisher | 12/30/23 | $109,999 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $12,544 |
| Membership dues | $515,940 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $346,137 |
| Noncash contributions included in lines 1a–1f | $2,400 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $874,621 |
| Total Program Service Revenue | $2,367,437 |
| Investment income | $206,130 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$110,803 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,337,385 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $220,500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $28,750 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $351,708 |
| Compensation of current officers, directors, key employees. | $25,657 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $429,879 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $45,240 |
| Payroll taxes | $45,255 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $14,823 |
| Fees for services: Accounting | $183,383 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $37,716 |
| Fees for services: Other | $62,733 |
| Advertising and promotion | $0 |
| Office expenses | $47,193 |
| Information technology | $121,979 |
| Royalties | $0 |
| Occupancy | $7,380 |
| Travel | $56,523 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $583,540 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,692 |
| Insurance | $19,408 |
| All other expenses | $0 |
| Total functional expenses | $2,539,269 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,208,515 |
| Savings and temporary cash investments | $2,081,920 |
| Pledges and grants receivable | $16,975 |
| Accounts receivable, net | $164,804 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $74,166 |
| Net Land, buildings, and equipment | $6,858 |
| Investments—publicly traded securities | $7,289,135 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $39,968 |
| Other assets | $93,865 |
| Total assets | $13,976,206 |
| Accounts payable and accrued expenses | $93,825 |
| Grants payable | $0 |
| Deferred revenue | $404,318 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $498,143 |
| Net assets without donor restrictions | $7,490,075 |
| Net assets with donor restrictions | $5,987,988 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $13,976,206 |
Grants Awarded
Over the last fiscal year, American Thyroid Association Inc has awarded $200,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
REGENTS OF THE UNIVERSITY OF MINNESOTA PURPOSE: Research | $25,000 |
REGENTS OF THE UNIVERSITY OF CALIFORNIA PURPOSE: Research | $25,000 |
MASSACHUSETTS GENERAL HOSPITAL PURPOSE: Research | $25,000 |
THE CHILDREN'S HOSPITAL OF PHILADELPHIA PURPOSE: Research | $25,000 |
THE BRIGHAM AND WOMEN'S HOSPITAL INC PURPOSE: Research | $50,000 |
ALBERT EINSTEIN COLLEGE OF MEDICINE PURPOSE: Research | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Association For The Study Of Liver Diseases Alexandria, VA | $34,254,767 | $16,078,688 |
Renal Physicians Association Rockville, MD | $6,002,718 | $3,133,746 |
Sjogrens Foundation Inc Reston, VA | $3,694,277 | $3,324,713 |
American Thyroid Association Inc Alexandria, VA | $13,976,206 | $3,337,385 |
Cellulose Insulation Manufacturers Association Washington, DC | $139,629 | $220,583 |
International Lyme And Associated Diseases Educational Foundation In Chevy Chase, MD | $413,411 | $0 |
Association Of Minority Health Professions Schools Inc Washington, DC | $549,950 | $96,390 |
Lyme Warrior Inc Newport, VA | $47,615 | $0 |
National Forum Of Esrd Networks Inc Henrico, VA | $568,671 | $75,260 |
Ohio Renal Association Wheeling, WV | $313,998 | $0 |
Childhood Brain Tumor Foundation Germantown, MD | $289,581 | $96,814 |
Vitiligo Support International Inc Lynchburg, VA | $256,055 | $0 |
Pigskin Club Of Washington Inc Washington, DC | $87,310 | $0 |
Celebrate Hope Foundation Inc Davidsonville, MD | $20,815 | $0 |
Care About Fibroids Inc Washington, DC | $7,891 | $0 |